Patexia Press Release

Patexia Announces its First Industry Sponsored Contest

SANTA MONICA, CA - June 25, 2012 -, the online destination where science, technology and business meet, announced the launch of its first industry-sponsored contest today.Patexia is inviting semiconductor researchers, graduate students and professionals to submit solutions to an Electronic circuit optimization problem posed by a silicon valley semiconductor company.

The contest opens on June 25, 2012 and runs for six weeks. It will be a closed contest -- member submissions will remain hidden and will only be visible to the sponsoring company. The best answer as judged by the CTO of the sponsoring company will receive a $1,000 prize and recognition from the community. The winner will be announced on August 13th.

"We are happy to announce this industry-sponsored contest, the first in a series of contests Patexia will host in the coming months. Such contests are central to our mission to facilitate mutually beneficial collaboration between the research community and industry”, said Pedram Sameni, Patexia founder and CEO.

The contest announcement coincides with an update to the Patexia site that includes clearer messaging, easier navigation, and a stronger social network look and feel. The contest invitation will be sent to top universities, research centers and professional forums in the United States and Canada, but is open to anyone in North America who wants to participate. For more information about the contest, please visit:

About Patexia
Founded in 2010 and based in Santa Monica, Patexia ( is a multidisciplinary social network where Research meets Industry. We enable science and technology researchers to collaborate, share expertise and earn money by solving businesses’ intellectual property problems. Our communities and research tools bring efficiency and transparency to the world of innovation.